Tuscaloosa Metro Area, AL Housing


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United States / Alabama / Tuscaloosa Metro Area / Counties / Cities / Zip Codes
The housing market in Tuscaloosa, AL Metro Area is growing at a rapid rate. The median value of houses in this area is $191,600, which is quite a bit lower than the national average of $338,100. However, what the local market lacks in house value it makes up for in appreciation rates. In the last year alone, the appreciation rate was 13.71%, which is significantly higher than the US appreciation rate of 8.27%. This shows that there are many opportunities available to those looking to buy or sell in the Tuscaloosa area and suggests that now may be an opportune time to get involved in real estate there.

The median home cost in Tuscaloosa Metro Area is $191,600. Home appreciation the last 10 years has been 56.6%. Home Appreciation in Tuscaloosa Metro Area is up 13.8%.

Average Age of Homes
- The median age of Tuscaloosa Metro Area real estate is 30 years old
The Rental Market in Tuscaloosa Metro Area
- Renters make up 26.8% of the Tuscaloosa Metro Area population
- 1.6% of houses and apartments in Tuscaloosa Metro Area, are available to rent

DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingTuscaloosa, AlabamaUnited States
  120,003.0139,647,020.0
  3242
  $191,600$338,100
  13.8%16.6%
  46.5%57.0%
  56.6%101.1%
  $3.60$10.98
  $608$2,690
  52.5%57.4%
  19.4%11.2%
  28.1%31.4%
  Vacant Housing
  1.6%1.9%
  0.5%0.4%
  0.4%0.7%
  0.3%0.4%
  10.0%3.6%
  6.5%4.1%
  Value of Owner-Occupied Housing
  6.0%2.6%
  4.3%2.4%
  4.7%2.8%
  4.3%3.9%
  5.6%4.5%
  15.1%11.3%
  20.9%13.0%
  20.8%20.1%
  9.4%13.6%
  3.6%8.3%
  3.4%9.7%
  1.2%3.9%
  0.4%2.2%
  0.2%0.8%
  0.2%1.1%
  Housing Units by Year Structure Built
  0.1%0.2%
  18.5%13.6%
  18.5%13.6%
  18.3%13.6%
  13.5%13.2%
  14.7%14.8%
  18.3%13.6%
  6.6%10.0%
  3.2%4.7%
  3.6%12.2%
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